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ICICI Bank quarterly Net up 15% to Rs 2,709 cr

ICICI Bank on Thursday reported 15 per cent rise in net profit at Rs 2,709 crore for the second quarter ended 30 September.

The bank’s net profit on standalone basis was Rs 2,352 crore in the same period last fiscal, ICICI Bank said in a statement.

The total income in the July-September period of the current fiscal increased to Rs 14,888.95 crore, from Rs 12,979.75 crore in the second quarter of 2013-14. On a consolidated basis, ICICI Bank’s net profit rose 14 per cent to Rs 3,065 crore as compared to Rs 2,698 crore in the same quarter of the previous fiscal. The total income during the period under review was Rs 22,150.39 crore as against Rs 19,015.58 crore in the same period a year ago.

During the second quarter, the net interest income  of the bank increased 15 per cent to Rs 4,657 crore from Rs 4,044 crore in the same period a year ago.


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